Selected Timber Products--Producer Price Indexes statistics



Product	1980	1985	1986	1987	1988	1989	1990	1991	1992	1993	1994	1995	1996	1997	1998	1999	2000


INDEX
Lumber and wood products..	101.5	106.6	107.2	112.8	118.9	126.7	129.7	132.1	146.6	174.0	180.0	178.1	176.1	183.8	179.1	183.6	Available
Lumber..	104.9	109.6	110.5	118.2	122.1	125.7	124.6	124.9	144.7	183.4	188.4	173.4	179.8	194.5	179.5	188.2	in Feb./March 2001
Softwood lumber..	107.3	107.4	108.4	116.1	120.0	127.1	123.8	125.7	148.6	193.0	198.1	178.5	189.5	206.5	182.7	196.0
Douglas fir, dressed..	132.6	126.5	124.5	125.1	135.7	151.6	138.4	139.6	169.5	237.6	236.2	198.8	227.1	221.3	186.1	212.1
Southern pine, dressed..	104.0	105.2	104.9	114.1	112.4	108.0	111.2	111.0	130.6	168.8	182.6	166.9	177.9	201.2	177.3	185.7
Other species, dressed..	101.1	106.4	109.7	119.0	120.1	127.1	126.3	130.0	157.3	202.4	206.8	184.8	200.3	219.3	189.7	208.7
Hardwood lumber..	96.0	117.1	118.2	126.8	131.0	128.2	131.0	128.5	140.7	163.3	168.3	167.0	163.9	174.1	178.7	177.3
Millwork..	93.2	111.7	113.7	117.7	121.9	127.3	130.4	135.5	143.3	156.6	162.4	163.8	166.6	170.9	171.1	174.7
General millwork..	91.2	112.6	114.7	119.2	123.3	129.2	132.0	138.1	146.3	158.5	163.6	165.4	167.9	171.1	172.4	175.6
Wood kitchen cabinets and cabinetwork..	90.8	105.0	107.2	109.7	114.4	118.0	121.7	125.2	129.2	135.1	140.7	146.5	150.4	153.9	156.9	159.7
Prefabricated structural members..	98.8	110.4	111.0	113.3	116.8	119.3	122.3	122.4	132.7	159.7	169.3	163.5	167.5	177.8	170.1	178.1
Plywood..	106.2	99.6	101.4	102.6	103.4	115.9	114.2	114.3	133.3	152.8	158.6	165.3	156.4	159.3	157.3	176.4
Softwood plywood..	109.5	107.4	109.4	109.8	109.1	124.2	119.6	120.8	147.2	169.7	176.8	188.1	173.7	175.5	174.9	207.0
Western, inland and other non-southern..	110.2	107.8	110.0	111.4	113.0	129.4	125.5	126.8	153.0	178.4	185.2	192.5	180.3	183.2	180.1	214.0
Southern..	108.3	105.8	107.6	106.1	101.8	114.3	108.8	109.4	138.5	156.0	167.2	183.4	157.6	163.3	172.8	204.6
Hardwood plywood and related products..	97.5	89.9	91.0	92.9	94.2	99.8	102.7	102.8	106.9	115.4	122.3	122.2	124.9	127.1	126.9	128.6
Other wood products..	101.2	100.1	100.9	103.7	107.2	113.1	114.7	118.6	124.5	135.3	137.7	143.7	127.5	128.4	135.2	131.1
Wood pallets and skids..	110.9	115.7	116.4	117.0	118.9	125.0	127.6	129.0	138.7	163.1	170.7	169.7	166.8	172.2	178.3	178.4
Boxes..	94.5	102.2	102.5	103.7	108.3	114.8	119.1	123.6	127.5	138.2	141.3	145.0	147.1	149.2	150.7	152.3

Pulp, paper, and allied products..	86.3	113.3	116.1	121.8	130.4	137.8	141.2	142.9	145.2	147.3	152.5	172.2	168.7	167.9	171.7	174.1
Pulp, paper, and prod, ex bldg paper..	91.7	106.9	107.6	114.3	124.9	132.4	132.9	129.8	129.2	127.6	133.1	163.4	149.7	144.7	147.0	147.9
Woodpulp..	100.3	91.4	94.7	111.5	136.7	157.4	151.3	119.2	118.9	104.2	115.9	183.2	133.1	128.6	122.6	119.7
Softwood sulfate, bleached and semibleached..	101.0	89.8	98.1	124.3	155.1	182.5	173.5	132.9	130.5	111.2	121.9	203.0	138.1	129.5	121.1	110.4
Wastepaper..	172.2	122.9	142.6	181.4	183.6	157.1	138.9	121.4	117.5	117.4	209.5	371.1	141.6	163.3	145.4	183.6
Paper..	89.7	106.0	107.0	111.5	123.2	129.6	128.8	126.9	123.2	123.8	126.0	159.0	149.4	143.9	145.4	141.8
Writing and printing papers..	89.6	107.4	107.9	110.6	123.4	130.5	129.1	124.8	120.2	120.5	121.7	158.4	144.6	140.0	139.9	137.8
Offset uncoated book paper..	87.1	100.5	101.7	105.3	118.4	125.5	122.6	116.0	112.7	112.5	114.5	149.8	133.9	128.3	128.5	128.1
Unwatermarked bond, no 4 grade..	90.6	101.9	102.1	103.6	117.1	127.9	123.1	119.8	115.0	115.8	(NA)	160.6	(NA)	139.2	142.5	141.6
Newsprint..	88.5	105.3	103.3	112.3	127.6	122.5	119.6	120.9	109.8	112.1	116.7	161.8	159.5	133.9	143.4	(NA)
Paperboard..	92.0	107.7	106.6	118.1	133.2	140.1	135.7	130.2	134.3	130.0	140.5	183.1	155.1	144.4	151.6	153.2
Converted paper and paperboard products..	90.2	108.9	109.4	114.7	123.0	131.7	135.2	134.8	134.8	133.7	136.7	157.0	153.4	148.4	152.2	153.5
Sanitary paper products, including stock..	91.9	106.6	108.1	109.0	115.0	126.0	135.3	136.2	136.9	134.6	133.2	144.4	149.9	147.1	145.1	144.3
Paper, plastic, and foil bags..	93.6	111.9	116.9	126.0	141.1	154.0	156.6	154.4	146.4	145.7	149.3	172.4	164.5	165.3	162.6	165.5
Paper boxes and containers..	89.4	108.8	107.8	115.4	123.5	129.8	129.9	128.6	130.6	129.9	136.1	163.8	153.9	144.7	154.7	158.0
Paperboard fiber drums..	84.2	106.1	106.6	113.9	126.3	130.5	130.6	131.8	131.7	131.0	135.0	150.6	149.5	148.9	158.7	167.0
Cups and liquid-tight containers	(NA)	(NA)	(NA)	(NA)	(NA)	131.7	137.1	140.4	143.1	143.3	148.6	172.9	171.3	165.8	174.3	172.3
Office supplies and accessories..	88.5	106.3	106.1	108.3	114.9	121.6	121.4	119.5	116.4	115.3	116.9	134.9	132.9	131.0	131.2	129.5
File folders..	86.5	113.2	112.8	114.7	119.3	127.8	130.5	131.8	130.8	119.2	115.6	122.2	128.2	128.0	128.6	128.7
Fiber and composite cans & related products..	84.9	114.7	115.1	117.1	123.5	133.9	147.8	149.8	151.4	151.6	156.3	178.3	182.4	182.8	188.9	192.0
Building paper & building board mill prods..	86.1	107.4	108.8	111.2	113.3	115.6	112.2	111.8	119.6	132.7	144.1	144.9	137.2	129.6	132.9	141.6
Hardboard, particleboard & fiberboard prods..	86.9	106.1	107.2	109.5	111.2	112.2	107.5	106.5	114.9	128.1	139.0	139.6	131.6	123.9	127.4	136.0

PERCENT CHANGE FROM
PRIOR YEAR SHOWN

Lumber and wood products..	(NA)	(NA)	0.6	5.2	5.4	6.6	2.4	1.9	11.0	18.7	3.4	-1.1	-1.1	4.4	-2.6	2.5	#��!
Lumber..	(NA)	(NA)	0.8	7.0	3.3	2.9	-0.9	0.2	15.9	26.7	2.7	-8.0	3.7	8.2	-7.7	4.8	#��!
Softwood lumber..	(NA)	(NA)	0.9	7.1	3.4	5.9	-2.6	1.5	18.2	29.9	2.6	-9.9	6.2	9.0	-11.5	7.3	-100.0
Douglas fir, dressed..	(NA)	(NA)	-1.6	0.5	8.5	11.7	-8.7	0.9	21.4	40.2	-0.6	-15.8	14.2	-2.6	-15.9	14.0	-100.0
Southern pine, dressed..	(NA)	(NA)	-0.3	8.8	-1.5	-3.9	3.0	-0.2	17.7	29.2	8.2	-8.6	6.6	13.1	-11.9	4.7	-100.0
Other species, dressed..	(NA)	(NA)	3.1	8.5	0.9	5.8	-0.6	2.9	21.0	28.7	2.2	-10.6	8.4	9.5	-13.5	10.0	-100.0
Hardwood lumber..	(NA)	(NA)	0.9	7.3	3.3	-2.1	2.2	-1.9	9.5	16.1	3.1	-0.8	-1.9	6.2	2.6	-0.8	-100.0
Millwork..	(NA)	(NA)	1.8	3.5	3.6	4.4	2.4	3.9	5.8	9.3	3.7	0.9	1.7	2.6	0.1	2.1	-100.0
General millwork..	(NA)	(NA)	1.9	3.9	3.4	4.8	2.2	4.6	5.9	8.3	3.2	1.1	1.5	1.9	0.8	1.9	-100.0
Wood kitchen cabinets and cabinetwork..	(NA)	(NA)	2.1	2.3	4.3	3.1	3.1	2.9	3.2	4.6	4.1	4.1	2.7	2.3	1.9	1.8	-100.0
Prefabricated structural members..	(NA)	(NA)	0.5	2.1	3.1	2.1	2.5	0.1	8.4	20.3	6.0	-3.4	2.4	6.1	-4.3	4.7	-100.0
Plywood..	(NA)	(NA)	1.8	1.2	0.8	12.1	-1.5	0.1	16.6	14.6	3.8	4.2	-5.4	1.9	-1.3	12.1	-100.0
Softwood plywood..	(NA)	(NA)	1.9	0.4	-0.6	13.8	-3.7	1.0	21.9	15.3	4.2	6.4	-7.7	1.0	-0.3	18.4	-100.0
Western, inland and other non-southern..	(NA)	(NA)	2.0	1.3	1.4	14.5	-3.0	1.0	20.7	16.6	3.8	3.9	-6.3	1.6	-1.7	18.8	-100.0
Southern..	(NA)	(NA)	1.7	-1.4	-4.1	12.3	-4.8	0.6	26.6	12.6	7.2	9.7	-14.1	3.6	5.8	18.4	-100.0
Hardwood plywood and related products..	(NA)	(NA)	1.2	2.1	1.4	5.9	2.9	0.1	4.0	8.0	6.0	-0.1	2.2	1.8	-0.2	1.3	-100.0
Other wood products..	(NA)	(NA)	0.8	2.8	3.4	5.5	1.4	3.4	5.0	8.7	1.8	4.4	-11.3	0.7	5.3	-3.0	-100.0
Wood pallets and skids..	(NA)	(NA)	0.6	0.5	1.6	5.1	2.1	1.1	7.5	17.6	4.7	-0.6	-1.7	3.2	3.5	0.1	-100.0
Boxes..	(NA)	(NA)	0.3	1.2	4.4	6.0	3.7	3.8	3.2	8.4	2.2	2.6	1.4	1.4	1.0	1.1	-100.0

Pulp, paper, and allied products..	(NA)	(NA)	2.5	4.9	7.1	5.7	2.5	1.2	1.6	1.4	3.5	12.9	-2.0	-0.5	2.3	1.4	-100.0
Pulp, paper, and prod, ex bldg paper..	(NA)	(NA)	0.7	6.2	9.3	6.0	0.4	-2.3	-0.5	-1.2	4.3	22.8	-8.4	-3.3	1.6	0.6	-100.0
Woodpulp..	(NA)	(NA)	3.6	17.7	22.6	15.1	-3.9	-21.2	-0.3	-12.4	11.2	58.1	-27.3	-3.4	-4.7	-2.4	-100.0
Softwood sulfate, bleached and semibleached..	(NA)	(NA)	9.2	26.7	24.8	17.7	-4.9	-23.4	-1.8	-14.8	9.6	66.5	-32.0	-6.2	-6.5	-8.8	-100.0
Wastepaper..	(NA)	(NA)	16.0	27.2	1.2	-14.4	-11.6	-12.6	-3.2	-0.1	78.4	77.1	-61.8	15.3	-11.0	26.3	-100.0
Paper..	(NA)	(NA)	0.9	4.2	10.5	5.2	-0.6	-1.5	-2.9	0.5	1.8	26.2	-6.0	-3.7	1.0	-2.5	-100.0
Writing and printing papers..	(NA)	(NA)	0.5	2.5	11.6	5.8	-1.1	-3.3	-3.7	0.2	1.0	30.2	-8.7	-3.2	-0.1	-1.5	-100.0
Offset uncoated book paper..	(NA)	(NA)	1.2	3.5	12.4	6.0	-2.3	-5.4	-2.8	-0.2	1.8	30.8	-10.6	-4.2	0.2	-0.3	-100.0
Unwatermarked bond, no 4 grade..	(NA)	(NA)	0.2	1.5	13.0	9.2	-3.8	-2.7	-4.0	0.7	(X)	(X)	(X)	(X)	2.4	-0.6	-100.0
Newsprint..	(NA)	(NA)	-1.9	8.7	13.6	-4.0	-2.4	1.1	-9.2	2.1	4.1	38.6	-1.4	-16.1	7.1	#��!	#��!
Paperboard..	(NA)	(NA)	-1.0	10.8	12.8	5.2	-3.1	-4.1	3.1	-3.2	8.1	30.3	-15.3	-6.9	5.0	1.1	-100.0
Converted paper and paperboard products..	(NA)	(NA)	0.5	4.8	7.2	7.1	2.7	-0.3	0.0	-0.8	2.2	14.9	-2.3	-3.3	2.6	0.9	-100.0
Sanitary paper products, including stock..	(NA)	(NA)	1.4	0.8	5.5	9.6	7.4	0.7	0.5	-1.7	-1.0	8.4	3.8	-1.9	-1.4	-0.6	-100.0
Paper, plastic, and foil bags..	(NA)	(NA)	4.5	7.8	12.0	9.1	1.7	-1.4	-5.2	-0.5	2.5	15.5	-4.6	0.5	-1.6	1.8	-100.0
Paper boxes and containers..	(NA)	(NA)	-0.9	7.1	7.0	5.1	0.1	-1.0	1.6	-0.5	4.8	20.4	-6.0	-6.0	6.9	2.1	-100.0
Paperboard fiber drums..	(NA)	(NA)	0.5	6.8	10.9	3.3	0.1	0.9	-0.1	-0.5	3.1	11.6	-0.7	-0.4	6.6	5.2	-100.0
Cups and liquid-tight containers	(NA)	(NA)	(NA)	(NA)	(NA)	(NA)	4.1	2.4	1.9	0.1	3.7	16.4	(X)	(X)	5.1	-1.1	-100.0
Office supplies and accessories..	(NA)	(NA)	-0.2	2.1	6.1	5.8	-0.2	-1.6	-2.6	-0.9	1.4	15.4	-1.5	-1.4	0.2	-1.3	-100.0
File folders..	(NA)	(NA)	-0.4	1.7	4.0	7.1	2.1	1.0	-0.8	-8.9	-3.0	5.7	4.9	-0.2	0.5	0.1	-100.0
Fiber and composite cans & related products..	(NA)	(NA)	0.3	1.7	5.5	8.4	10.4	1.4	1.1	0.1	3.1	14.1	2.3	0.2	3.3	1.6	-100.0
Building paper & building board mill prods..	(NA)	(NA)	1.3	2.2	1.9	2.0	-2.9	-0.4	7.0	11.0	8.6	0.6	-5.3	-5.5	2.5	6.5	-100.0
Hardboard, particleboard & fiberboard prods..	(NA)	(NA)	1.0	2.1	1.6	0.9	-4.2	-0.9	7.9	11.5	8.5	0.4	-5.7	-5.9	2.8	6.8	-100.0

NA Not available.
1 Includes structural wood members.
2 Excludes containers and boxes.

Source: U.S. Bureau of Labor Statistics, Producer Price Indexes, monthly.

http://stats.bls.gov/ppihome.htm

*

Producer price indexes (PPI) measure average changes in prices received by domestic producers of commodities in all stages of processing. Most of the information used in calculating the indexes is obtained through the systematic sampling of nearly every industry in the manufacturing and mining sectors of the economy. The PPI program also includes some information from other sectors--agriculture, fishing, forestry, services, and gas and electricity. Because producer price indexes are designed to measure only the change in prices received for the output of domestic industries, imports are not included. The sample currently contains about 3,200 commodities and 80,000 quotations per month.

There are three primary systems of indexes within the PPI program: (1) Stage of processing indexes; (2) commodity indexes; and (3) indexes for the net output of industries and their products. The stage-of-processing structure (tables 1 and 2) organizes products by class of buyer and degree of processing. The commodity structure (tables 2 and 3) organizes products by similarity of end-use or material composition. The entire output of various industries is sampled to derive price indexes for the net output of industries and their products (table 4).

Within the stage-of-processing system, finished goods are commodities that will not undergo further processing and are ready for sale to the final demand user, either an individual consumer or business firm. Consumer foods include unprocessed foods such as eggs and fresh vegetables, as well as processed foods such as bakery products and meats. Other finished consumer goods include durable goods such as automobiles, household furniture, and appliances, and nondurable goods such as apparel and home heating oil. Capital equipment includes producer durable goods such as heavy motor trucks, tractors, and machine tools. The stage-of-processing category for intermediate materials, supplies, and components consists partly of commodities that have been processed but require further processing. Examples of such semifinished goods include flour, cotton yarn, steel mill products, and lumber. The intermediate goods category also encompasses nondurable, physically complete items purchased by business firms as inputs for their operations. Examples include diesel fuel, belts and belting, paper boxes, and fertilizers. Crude materials for further processing are products entering the market for the first time that have not been manufactured or fabricated and that are not sold directly to consumers. Crude foodstuffs and feedstuffs include items such as grains and livestock. Examples of crude nonfood materials include raw cotton, crude petroleum, coal, hides and skins, and iron and steel scrap.

Producer price indexes for the net output of industries and their products are grouped according to the Standard Industrial Classification (SIC) and the Census product code extension of the SIC. Industry price indexes are compatible with other economic time series organized by SIC codes, such as data on employment, wages, and productivity. Table 4 lists indexes for the net output of major mining and manufacturing industry groups at the 2-digit level. Producer price indexes are based on selling prices reported by establishments of all sizes selected by probability sampling, with the probability of selection proportionate to size. Individual items and transaction terms from these firms are also chosen by probability proportionate to size. BLS strongly encourages cooperating companies to supply actual transaction prices at the time of shipment to minimize the use of list prices. Prices are normally reported by mail questionnaire for the Tuesday of the week containing the 13th.

Price data are provided on a voluntary and confidential basis; no one but sworn BLS employees are allowed access to individual company price reports. All producer price indexes are routinely subject to revision once, 4 months after original publication, to reflect the availability of late reports and corrections by respondents.

Net output values of shipments are used as weights for industry indexes. Net output values refer to the value of shipments from establishments in one industry to establishments classified in another industry. However, weights for commodity price indexes are based on gross shipment values, including shipment values between establishments within the same industry. As a result, broad commodity grouping indexes such as the all commodities index are affected by the multiple counting of price change at successive stages of processing, which can lead to exaggerated or misleading signals about inflation. Stage-of- processing indexes partially correct this defect, but industry indexes consistently correct for this at all levels of aggregation. Therefore, industry and stage-of-processing indexes are more appropriate than broad commodity groupings for economic analysis of general price trends.

Weights for most traditional commodity groupings of the PPI, as well as all indexes (such as stage-of-processing indexes) calculated from traditional commodity groupings, currently reflect 1987 values of shipments as reported in the Census of Manufactures and other sources. From January 1987 through December 1991, PPI weights were derived from 1982 shipment values. Industry indexes shown in table 4 are also now calculated with 1987 net output weights.

Effective with publication of January 1988 data, many important PPI series (including stage-of-processing groupings and most commodity groups and individual items) were placed on a new reference base, 1982=100, to coincide with the reference year of the shipment weights. From 1971 through 1987, the standard reference base for most PPI series was 1967=100. Except for rounding differences, the shift to the new reference base did not alter any changes to previously published percent changes for affected PPI series. (See "Calculating Index Changes," below.) The new reference base is not used for indexes with a base later than December 1981, nor for indexes for the net output of industries and their products.

For further information on the underlying concepts and methodology of the Producer Price Index, see chapter 16, "Producer Prices," in BLS Handbook of Methods (September 1992), Bulletin 2414. Reprints are available from the Bureau of Labor Statistics on request.

*

http://www.allcountries.org/uscensus/1153_selected_timber_products_producer_price_indexes.html

These tables are based on figures supplied by the United States Census Bureau, U.S. Department of Commerce and are subject to revision by the Census Bureau.

Copyright © 2006 Photius Coutsoukis and Information Technology Associates, all rights reserved.